Disclosure of an insider information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

MagForce AG: Opening of Insolvency Proceedings

Berlin, October 6, 2022 – MagForce AG (Frankfurt, Scale, Xetra: MF6, ISIN: DE000A0HGQF5) ) announces the opening of insolvency proceedings against its assets.

By order of the Berlin-Charlottenburg Local Court, insolvency proceedings were opened against the assets of MagForce AG under file number 36m IN 3981/22. Mr. Rüdiger Wienberg of the law firm hww hermann wienberg wilhelm Insolvenzverwalter Partnerschaft, who had previously been appointed as provisional insolvency administrator in the application proceedings, was appointed as insolvency administrator.

- End of Insider Information -

Contact:
MagForce AG, Max-Planck-Straße 3, 12489 Berlin
Barbara von Frankenberg
Vice President Communications & Investor Relations
T +49-30-308380-77
E-Mail: [email protected]

Disclaimer 
This release may contain forward-looking statements and information which may be identified by formulations using terms such as "expects", "aims", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or "will". Such forward-looking statements are based on our current expectations and certain assumptions, which may be subject to a variety of risks and uncertainties. The results actually achieved by MagForce AG may substantially differ from these forward-looking statements. MagForce AG assumes no obligation to update these forward-looking statements or to correct them in case of developments, which differ from those, anticipated.